Placed a Buy Limit @ 1294, TP 1325, SL 1283
Hopefully will get filled up Monday Morning... Happy weekend to all...
Hopefully will get filled up Monday Morning... Happy weekend to all...
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
Disliked{quote} does silver lead gold? i didn't know that? is there some proof of this idea, coz that's strategically valuableIgnored
Disliked{quote} does silver lead gold? i didn't know that? is there some proof of this idea, coz that's strategically valuableIgnored
Disliked{quote} I think he's long from 1285 that's why I don't like the 1277 stop. 1277 as an entry and he'd be up a 10 USD move. as of now. --- hmm need to look back and see the post.Ignored
Disliked{quote} It is strong support that is for certain. The two always flip and that's why people play the GSR. Right now, there is disconnect, silver is remaining flat while gold is moving a bit more intraday as well as recovered nicely from it's recent losses. The Gold to silver ratio is on the bottom right, - reflecting right now 1 ounce of gold will get you around 60 ounces of silver. {image}Ignored
DislikedYeah, it does look like AU want's to take out 1290, but, this day is looking pretty range bound and flat.Ignored
Disliked{quote} Today everytime price came to 1290 they pulled it back and it is not dropping and will not drop.So what is it waiting for ? My conclusion is that they see the buy stops above 1290 and dont want the mark up to be costly.So what can they do to make it cheap, they wait for a holiday to jump over that bulk of buy stops and open a gap up !!!! Bingo , nobodys buy stops will be filled and they will open the price above lets say 1295 and directly rally ! That is what they are gonna do that's why I keep my longs over the weekend ! Bastards )Ignored
DislikedPlaced a Buy Limit @ 1294, TP 1325, SL 1283 Hopefully will get filled up Monday Morning... Happy weekend to all... {image}Ignored
Disliked{quote} sure, but what's your reason? and down to where? it goes up and down everyday! i ask because this is an analysts' forum not fb...Ignored
Disliked{quote} i have found this and going to read it over the weekend ..... to brush up on my understanding/misunderstanding . need to thank you for kindling my curiousity ... http://ideas.repec.org/p/ner/carlos/...tml#statistics EDIT : glanced through the download pdf .... very mathematical ..... glanced through Conclusion section ... can't get anything worthwhile ..... have to read it thoroughly later ....Ignored
Disliked{quote} resistance 1290. from my stats, expect 1150 = 4.6 distance of last retracement. call invalidated at 1310. looks like good rr trade.Ignored
Disliked{quote} hi seaman2, this is feasible in the coming weeks/months, but like XTrade has pointed out: right now Gold is slowing down in a consolidation phase... this particular area (1250-1375) is highly contended by bulls and bears if you look back since 2011. Once PA enters this zone it seems to get stuck in ranging mode for a while. I also have 1150 as a target and expect it could be the last stop of Gold's 2 year correction pattern. The sooner we hit it the better because I am optimistic about the next bullish phase being an exciting and rewarding...Ignored
Disliked{quote} selling around 1290 worked ok last week for small scalps. So my theory cant be that bad. I will reevaluate over weekend though. Seem that many people expect fall and then recovery to new high. what I have learned is something that is anticipated by many is almost certain not to happen. so, I just keep my senses unbiasedIgnored
Disliked{quote} Hi XTrade, How do you use the GSR?? Rather, what's the average GSR ?? Thanks in advance! -dricIgnored